Toronto-Dominion Bank (TD) is committing $150-billion over five years in new lending, underwriting, advisory and other financing activities aimed at driving growth across sectors that are essential to boosting Canada’s economy.

The country’s biggest banks have been launching initiatives – ahead of Ottawa’s investment summit this week – to provide capital for Canadian companies as the federal government attempts to reduce economic dependence on the U.S.

TD’s initiative focuses on five key sectors the bank believes will drive economic growth, including energy, critical minerals and resources, defence and aerospace, digital technology and artificial intelligence, and infrastructure.

Read  Stefanie Marotta’s story at The Globe and Mail